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20130228
Search Results 0 to 6 of about 7 (some duplicates have been removed)
this a news alert. senator harry reid calling for more tax increases. in an interview on abc yesterday, he said tax revenue must be part of any deal to be part of the little defense cuts. here is senator reid. >> the american people are on our side, and america people don't believe in these things. we believe the rich should contribute. stuart: relieve the rich should contribute, tax the rich. president obama pushing for more tax increases yesterday. in an interview on cbs before the super bowl he said there is no doubt that government needs new relation. he promises strong economic growth this year coming on the heels of an economic contraction in the fourth quarter along with the rise in the unemployment rate. and everybody's taxes already went up as of january 1, taxes may go up some more. from taxes to the market. the dow above 14,000 for the first time since 2007 friday afternoon. let's bring in nicole. it is not like it was going to hold at 14,000, now futures are down, how much are they down? nicole: you can see the down arrows, 69 points pulling back awfully 14,000 mark. traders ar
anybody else liked it, but when the president told me, and harry reid told me, they'd work with us to get an outcome out of the super committee, i felt confident we would. unfortunate ly, we didn't. >> we heard you say over and over again you did your job, but how do you pass a bill in this congress, and it's not noon on thursday, and the house is going home the day before the deadline. are you concerned at all about the option of not being there and the house being out in >> i'll be here tomorrow. i'll be at the white house accepting the president's invitation to meet. listen, we laid our cards on the table. we've shown that we can pass a bill to replace the sequester. that's why we did it twice. connell: speaker of the house, john boehner, a day ahead of the automatic spending cuts when they take effect, $85 billion, and the question and answer session there are reporters in washington. dagen: rich edson has more detail on what he heard and put it in perspective for us. rich? >> the house speaker boehner made it clear as have democrats have all morning and both sides all week that there
of the campaign trail in this senate democratic leader harry reid to pass one of two house bills that would block the fourth cuts. >> for 16 months the president had been traveling all of the country holding rallies instead of sitting down with senate leaders in order to try to forge an agreement over there in order to move the bill. we have moved the bill in the house twice. we should not have to move a third bill before the senate gets off their butt and begins to do something. >> the president of the pressure on him by bringing the local republican congressman thomas got virgil, border force one where the congressman told reporters that in addition to spending cuts he favors raising revenues through tax reform and then got a presidential shot up. >> is one of your republican congressman who is with us here today, and that is always healthy for public and, being with me. but the reason he's doing it is because he knows is important to you. and he has asked his colleagues in the house to consider closing tax loopholes instead of letting these automatic cuts go through. lori: -- >> reporter: quic
when he says harry reid says this, chuck schumer says is, we don't have a spending problem, it is a revenue issue, we have to get more taxes. what you say? are they smoking something? >> we have a spending problem. >> i am just saying, why can't they be like an alcoholic? >> to your earlier point, everybody is talking arod the edges right now. entitlements, 60% of our budget is captured. >> well, i was going to say, let's be clear. what we are actually looking at is $44 billion. 1% of the federal budget in fiscal year 2013. even with sequestration, we will spend more than 2013 we spend in 2012. we have a spending problem, absolutely. but we do not necessarily have a revenue problem in the sense that revenues are at or near all-time highs. what we do have is an inability to match things with our revenue. we should be spending something closer to what we were spending last year of the bill. >> i think it could quickly get the ball rolling. i just think that we have to get past the blame game. you know, it's sort of like this are not. >> sequestration is something we can go fo
weapons ban. that is not going over well with even some democrats including harry reid the democratic leader in the senate. whether there will be a vote as the president asked i don't really know. i don't think it will pass. other gun control measures, lesser measures particularly background checks have a good shot getting through this time. tracy: gerry seib washington bureau chief, read his column in the "wall street journal." thank you, sir. >> happy to be with you. ashley: the ozone called. it wants its layer back. tracy: don't put me on the stand. that is one of the myriad of things i ruined the country for. ashley: on deck, who dominated the mobile phone market for 2012? the final numbers are in. they might surprise you. they may not. we'll have all the details next. tracy: retail analyst kristen bentz said january's minuscule rise in sales is worse than you think. she will explain ahead. as we do every day at this time of day. we'll look how oil is trading. the dow is down. so is oil. it is off 40 cents. 97.10 a barrel. we'll be right back. at a dry cleaner, we replaced people
Search Results 0 to 6 of about 7 (some duplicates have been removed)